Data Science and AI Newsletter

August 2025

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The pace of AI innovation isn't slowing — and neither are the questions it raises. In this edition, we spotlight cutting-edge developments in metadata tagging, health frameworks, AI regulation and workforce transformation.

 

Upcoming Events

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Monday
25 August
AI Con 2025

Australia's premier AI minds are gathering, and you're invited! Grab your early bird ticket for $540 (save $110) before it's too late - only two weeks left!

 
Thursday
4 September
Applying Your Non-Business Skills in Your Business World

Discover how four actuaries apply unexpected skills from culture, sport, family and volunteering to advance their careers and bring their full talents to work.

 
Tuesday
21 October
APRA Insurance Data Transformation: Challenges and Opportunities

Navigate APRA and ASIC's enhanced data collection requirements while discovering strategic opportunities to leverage improved data capabilities for competitive advantage.

 

Industry Updates

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$17 Trillion on the Line for Australia

 

The Lowy Institute outlines how Australia could unlock a $17 trillion economic opportunity by investing in AI-ready infrastructure, workforce development and responsible policy frameworks.

 

Embedding Data Science in Health Care

 

The IFoA’s Data Science in Health and Care Working Party proposes a four-stage framework to embed data science into health and care actuarial practice – from study design to model review.

 

Regulation

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Amsterdam’s Attempt to Build a “Fair” Fraud Detection Model

 

Check out this investigative deep dive into Amsterdam’s attempt to build a bias-resistant fraud model. Despite using best practices, the live trial showed persistent bias and was unable to achieve fail-safe improvement over human case workers.

 

Development News

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Smarter Searching: NASA AI Makes Data Easier to Find

 

NASA’s Global Change Master Directory Keyword Recommender evolved from human tagging to machine-powered metadata classification. Learn how it enhances discoverability, supports scalable taxonomies and reduces data management overheads.

 

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Using Multi-Model Data Science in Complex Environments

 

In this dive into fixed income, get perspectives on when to combine techniques such as statistics, machine learning and simulation to improve accuracy, reliability and insight across diverse datasets and evolving business needs.

 

Recommended Media

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AI Fluency Demanded of New Zapier Employees

 

Zapier reveals their interview process and materials on how they assess candidates’ openness towards and understanding of AI tools. Detailed competency grades are revealed for candidates across departments.

 

From Data Science Actuaries

Artists Fight Back Against Using Their Work as Training Data

 

Our very own Data Science Actuaries look at Nightshade, a tool that embeds imperceptible pixel changes into digital art to protect intellectual property from model training datasets.

 

Editors’ Note

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We hope you enjoyed this month’s newsletter!

As always, if you come across any interesting reading over the month, please drop us a line here!

 

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